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China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US /
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2024-05-22 22:58:56

China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: U.S. Proposes New Tariffs on Chinese Products and Establishes Exclusion Process ...

U.S. Proposes New Tariffs on Chinese Products and Establishes Exclusion Process
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#52f5979e ver:1.77

President Biden's new tariffs on Chinese products, including solar cells and electric vehicles, aim to protect domestic industries but may not benefit the US manufacturing sector. Experts warn of potential negative impacts on businesses, consumers, and the economy. The tariffs could also hinder the growth of the electric vehicle market and lead China to focus more on traditional vehicles. The US-China trade dispute continues, with uncertain outcomes and potential retaliation. The tariffs may inadvertently favor China in the long run. #TradeWar #Tariffs #USChinaRelations #Manufacturing #ElectricVehicles...

#newstr #Ustr #Tariffs #ChineseProducts #Machinery #ExclusionProcess

https://here.news/story/52f5979e?ver=1.77
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